Trusts and Foundations in the UAE
The tax-free environment in Dubai is the main reason why foreign entrepreneurs decide to establish their activities here. In order to protect their assets , local or foreign citizens can choose to set up trusts in Dubai through the Dubai International Financial Centre and its regulations in this matter. For a better understanding of the rules when setting up a trust in Dubai , it is recommended to talk to one of our lawyers in Dubai who can offer legal advice throughout the entire process. Requirements for setting up a trust in Dubai Individuals can set up charitable or not-charitable trusts , express trusts , and also protective trusts , under the strict supervision of the Financial Services Authority in Dubai, where the residence terms are not taken into consideration. A DIFC (Dubai International Financial Centre) trust does not require a certain capital, as a starting point, in order to be registered...